French carmaker Renault to cut 5,000 jobs by 2024 - Le Figaro
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PARIS (Reuters) - French carmaker Renault is about to announce plans to cut 5,000 jobs by 2024 in its drive to save 2 billion euros (1.8 billion pounds) in costs, according to a report published Tuesday by Le Figaro.The company, still awaiting finalisation of a planned 5 billion euro state loan pending talks between management and unions over the workforce and plants in France, will not resort to outright lay-offs, the newspaper said on its website.Renault will prioritise "the non-replacement..